News

A number of major improvement works on old public housing estates are expected to be completed by mid-2012.

Air traffic movements rose 13.9%, to 26,765, according to figures released by the Airport Authority.

The development will include a mall, office block and the 246-key hotel along with 52 service apartments set to open in 2012.

Yet global financial crisis in US and Europe seen to affect employment even as labour demand is seen to continue as Lunar New Year nears.

The ratings company attributes upgrade on improving economic and financial links between Hong Kong and China.

Success of the move showed HK investors’ confidence in the sustainable development of the China's economy.

While the volume of Hong Kong's re-exports of goods in October rose 9% on the same month last year.

The bank seeks partner for wealth management, insurance and asset management through a joint venture or by buying a stake in another company.

Acquisition of 11% stake in Golden Eagle Asset Management will provide BEA increased exposure and direct entry to the local Chinese market.

In the past five years, the department issued 14 orders to prohibit changes in the use of buildings which constituted obvious or imminent danger to life and property or serious environmental nuisance.

The raised capital will be used for Dazhongli project in Shanghai’s Jing’an district with a planned gross floor area of approximately 323,000 sqm.

The gross domestic product, estimated at $453.9 billion, recorded a 9.5% increase.

Following a 2.2% y-o-y increase in the second quarter, according to the provisional results of a survey the Census & Statistics Department released today.

Cathay Pacific and Dragonair carried a total of 2,181,995 passengers in November.

Inflation will somewhat erode real income at least with respect to most local Hong Kong consumers.

Food price inflation may rise to 7% in 1Q11 should inflaton in China worsen.